Equifax Target of Unusually High Options Trading (NYSE:EFX)

Equifax Inc. (NYSE:EFX) was the target of some unusual options trading on Thursday. Stock traders acquired 12,622 call options on the stock. This represents an increase of approximately 772% compared to the average volume of 1,448 call options.

NYSE:EFX opened at $249.50 on Friday. The firm has a market capitalization of $30.44 billion, a price-to-earnings ratio of 44.16 and a beta of 1.43. Equifax has a twelve month low of $161.87 and a twelve month high of $300.11. The stock’s 50 day moving average price is $282.73 and its two-hundred day moving average price is $268.80. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 1.40.

Equifax (NYSE:EFX) last posted its quarterly earnings results on Tuesday, October 19th. The credit services provider reported $1.85 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.72 by $0.13. The firm had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.18 billion. Equifax had a return on equity of 28.24% and a net margin of 14.55%. The business’s quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.87 EPS. As a group, analysts anticipate that Equifax will post 7.61 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 15th. Shareholders of record on Wednesday, November 24th were given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 0.63%. The ex-dividend date was Tuesday, November 23rd. Equifax’s dividend payout ratio (DPR) is 27.61%.

Large investors have recently bought and sold shares of the business. First Horizon Advisors Inc. increased its position in shares of Equifax by 208.8% during the 3rd quarter. First Horizon Advisors Inc. now owns 105 shares of the credit services provider’s stock worth $27,000 after purchasing an additional 71 shares during the last quarter. Liberty Wealth Management LLC increased its holdings in shares of Equifax by 1,514.3% during the 3rd quarter. Liberty Wealth Management LLC now owns 113 shares of the credit services provider’s stock worth $30,000 after acquiring an additional 106 shares during the last quarter. Jackson Wealth Management LLC acquired a new position in shares of Equifax during the 3rd quarter worth approximately $52,000. Spire Wealth Management increased its holdings in shares of Equifax by 113.2% during the 4th quarter. Spire Wealth Management now owns 226 shares of the credit services provider’s stock worth $66,000 after acquiring an additional 120 shares during the last quarter. Finally, Koshinski Asset Management Inc. acquired a new position in shares of Equifax during the 3rd quarter worth approximately $82,000. 90.84% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms have recently weighed in on EFX. Morgan Stanley upgraded Equifax from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $264.00 to $325.00 in a report on Wednesday, January 5th. BNP Paribas cut Equifax from an “outperform” rating to a “neutral” rating and set a $290.00 price objective on the stock. in a report on Monday, November 22nd. Truist lifted their price objective on Equifax from $235.00 to $245.00 and gave the company a “hold” rating in a report on Friday, October 22nd. Evercore ISI assumed coverage on Equifax in a report on Thursday, October 14th. They set an “outperform” rating on the stock. Finally, Argus upgraded Equifax from a “hold” rating to a “buy” rating and set a $285.00 target price on the stock in a research note on Friday, October 22nd. Seven analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $267.23.

Equifax Company Profile

Equifax, Inc engages in the provision of information solutions and human resources business process outsourcing services. It operates through the following business segments: U.S. Information Solutions, Workforce Solutions, International, and Global Consumer Solutions. The U.S. Information Solutions segment includes consumer and commercial information services, mortgage loan origination information, financial marketing services, and identity management.

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